LLOYD LOWNDES, ESQUIRE, GOVERNOR.
ings, and the same may sell, grant, mortgage, lease and dispose
of, in its discretion, and at its will and pleasure, and execute,
acknowledge and deliver, all deeds and legal papers, and, any
instruments concerning the same ; to deal in exchange, foreign
and domestic, and in every and all description of properties,
personal effects, securities, mortgages, lands, certificates of
indebtedness of incorporated companies, notes, loans or bonds
of the United States, or of any city, county or municipality,
or of any incorporated company or individual, and to advance
money thereupon, on such terms as may be established or
approved by said corporation. And to act as agent for the
purpose of issuing, registering or countersigning certificates of
any stocks, bonds or other evidences of debt. But no loan
shall be made directly or indirectly to any officer or employe of
said company ; and for any violation of this provision, the
party or parties making or consenting thereto, directly or indi-
rectly, shall be liable to said company for the amount so loaned,
and all counsel fees and losses which may result therefrom.
SEC. 7. And be it enacted, That whenever any deposits shall
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1001
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be made by a minor or a married woman, such deposits shall
be received, held and paid out, on the same conditions as those
of an adult male or feme sole depositor ; and the directors of
said corporation may pay to such minor or feme covert deposi-
tor, such sum or sums of money as may be due to him or her,
and the check receipt or acquittance of such minor or feme
covert shall be valid.
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Deposits re-
ceived, etc.
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SEC. 8. And be it enacted, That the said corporation shall
be and is hereby authorized and empowered to receive and ;
keep on storage, deposit or otherwise all such valuables as gold,
silver or paper money, bullion, precious stones, plate, certifi-
cates of stock, or evidence of indebtedness, deeds or muniments
of title, or other valuable papers of any kind, or any other arti-
cle or thing whatsoever which may be left or deposited for safe
keeping with said corporation ; and it may and shall be lawful
for any of the courts of this State into which moneys, stocks,
bonds or other property, may be paid or deposited by agree-
ment of parties, order, judgment or decree of said court, to
order and direct the same to be deposited with said corporation;
and it shall be entitled to charge such commission or compen-
sation therefor as may be agreed upon, and for the complete
preservation and safe keeping thereof may construct, erect,
purchase or lease, such fire and burglar proof buildings, vaults,
iron and composition safes, or other buildings, or means which
may be or become necessary, and generally to transact and per-
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Receive and
keep on
storage, etc.
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